Northland Properties Corporation Forms New Subsidiary
Wednesday August 7th, 2013 - 2:21PM S
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VANCOUVER, BRITISH COLUMBIA—Northland Properties Corporation has announced its newly formed subsidiary, Northland Capital Corporation. The company’s focus is to provide flexible debt solutions to small and medium size companies with an emphasis in the real estate and hotel sectors.
Northland Capital Corporation will focus on providing financial solutions tailored to meet borrower requirements with quick approvals on flexible short to mid-term financings and will include land, inventory, construction, mezzanine, bridge loans, equity withdrawal and direct equity.
Northland Capital Corporation also welcomes Tom Laing as president and COO. Tom brings 30 years of experience in various management roles at the Royal Bank of Canada serving most recently as VP of Real Estate Banking for British Columbia.
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The theme of this year’s ALIS conference was “Don’t Worry, Be Happy.” But, lets face it, there are always going to be some people who aren’t happy unless they are worried about something—whether it’s the Fed potentially raising interest rates or that the price of oil is now too low, threatening to cripple the economies of some foreign nations.